FPIs invest Rs15,940cr in May first week; investors appetite rise for equities, with sell-offs in debt

Majority buying were made in equities, as FPIs invested massive Rs18,637cr.

May 11, 2020 12:05 IST India Infoline News Service

The first week of May 2020, was saved by the equity market as foreign investors preferred this instrument over debt and hybrid platforms. Between May 01-08, foreign portfolio investors (FPI) became net buyers in the Indian market with inflows to the tune of Rs15,940cr.

Majority buying were made inequities, as FPI invested massive Rs18,637cr.

On the other hand, the debt market saw an outflow of Rs2823cr, whereas debt-VRR market saw buying of Rs126cr. Taking into consideration both, overall outflow in debt market stood at Rs2,697cr (Debt-Debt VRR) in the first week of May.

The hybrid market saw zero investment so far in May.

Last month, FPIs were net sellers with outflows in equity and debt market to the tune of Rs6,884cr and Rs12,552cr. However, gains in debt-VRR and hybrid market worth Rs4,033cr and Rs544cr minimised the overall outflow to Rs14,859cr.

The above mentioned datas have been derived from NSDL. 

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